High systemic importance to Hong Kong banking sector Broad and healthy customer deposit base Strong business stability owing to a long-established franchise Heightening economic risk in Hong Kong due to continuously rising property prices and a pickup in credit growth Exposure to China where we see a higher economic risk relative to Hong Kong The stable outlook reflects our expectation that Standard Chartered Bank (Hong Kong) Ltd. (SCBHK) will maintain its robust business stability, adequate capitalization, healthy asset quality, and strong funding and liquidity profile over the next 12-24 months. We expect SCBHK's solid business and risk profile to help the bank offset headwinds from potential heightening economic risks in Hong Kong's banking sector. We also anticipate that the bank
